HomeMy WebLinkAbout1737 2635'~2 ~ ~
~,~11S INpENTURE, Nl~d~ tha Z~rd d~y of August ~9
73 betwesn
A. J. FlaCosio and Virginia S. RlaCoaio, his Ni~Q
of St . LL~ i@ Counfy florid~, INrOiMffK dttignated aa fM "MORTGAfiOR;' ?hd"f~R~~,FEDERAI SAVIN(iS AND IOAN
ASSOCIATION.OF FORT PIERCE, a cwpo~atiqn orp~ni:~d snd exiitirq u~der tM laws of t!» Unit~d-Sta~is of /lmerica ~nd havinp its priocipal plsce of `
butin~a~ in tM City of Fon Pi~rce, St. luci~ County. Florids, hereinafttr desipnated as tM "MORTGAGfE." ;
WHEREAS tM MORTGAGOR is 'wtl ir?debted to th~ MORTGAGEE in the sum of = 44 ~ 000 00
1 Y • pood and lawful money of ths United
~ Stetes ~dv~nced by the MORTGAGEE u~to the MORiGAGOR, as ovidenccd by a certain promiuory nole of even data htnwith, of which the tollowinq 1~
words ~nd fiyures b ~ trw copy, towit:
~ s44,000.00
10020367
F„r Pt~,~.. Fi„w,. Au~ust 23 ~y 7~
;
~ ~^r ~'t~~- .w:~..l. 1. W. ~r .;rher of us. oromise to uav, without daf~lution, to the order of FIRST FEDERAL SAVINGS AND IOAN ASSOCIATION OF
~ FORT PIERCE at Fat Pie.c~. Flo.ida, the sum of = 44 ~ 0~ • w;th interest from date at the rate of per annum, in monthly i~tall- -
menrs ai foltows: ~3g9•0O o~ theZ~h day af •~d~1tl8Zy 19 74 and • lika sum on ths cor~espondlny day of each mo~th therr ~
~l after uotil the whole be fully paid. '
~l Each installment first shall be applied in payment of Ihe interest s~?d then on the unpaid balsnce of the principa! sum. li default is msde in tha
p paymant of any installment when due, and such ckfautt continues 30 days, then at the option of the ho(de?, snd withoW any other ~olice, all the remaininy
~ ~nstallments shall be due and payable a1 once. P~ivilege is given to prep~y this rwte in whole or in part at aey time withouf panalty. Neither fartbee~ancs, j
nor a tance b the holder thereof after an default in an ments he?ew~, shall be deemed extension. A late g 19.45 t
y ~P Y Y Y PaY paYme~t char e of shal) Ds
added ro each installment remaining unpaid 7 days afte? iri due date and s like sum shnll be added to cach suth installment rem~ining unpaid 7 days after
each fucceediny payment date.
V Each maker, surety and endorstK hereof, joiMly and severelly, wsives demand, preseetmeM protest and notice of protest for na~payment, and fiMha
i agr~es to a~y e~ctension of rime of payment, eirher before w after maturity, witFwut notice to any of us; and to psy all costs of collection, includiny ~
~ reasomble attoraey's fee i~ the event of any default hereunder, and hereby severally waives all bcnefit of homestead snd exemption under the constitution i
and laws of each State of ~he United States, as a9ain~t this obligation or eny exeension or renewal he~eof. ~
~ Witness the hand and seal of each party. !
~ S/ R aC ni . ~ t
(5~?U
Sf V r~ni S. Co~io ~f
y •
U \ ~ 1 L ~ ;
`i~ ~ $66.00 ~ State Revenue ~
txs~psaa~wm~a~~tae~
NOW, THEREFORE, the MORTGAGOR for the r e of seairi + • ;
pu pos ng payment of said sum of ;'44 OOO OO , and the perfamance of ths '
coven~nn ~nd ~graements hereinafter expreued, and for divers good and vatuabk consideratia~s, by theae present~, does graM, barpa;n, sell, remiu, ~
release, convey and conf'am unto the MORTGAGEE, iri successors and auigns, atl that certain tot, piece w pucel of laod, situate, lyinp, and beinp in fhe ;
County of $t• ~Cie and SNt~ of Flo?ida, dewibed as follows: #
t
s
€
i
;
Lot 2, Block 172, SOUTH PORT ST. LUCIB, UNIT 11, as per plat thereof on ~
- 2
file in Plat Book 15, page 15, o# the public recozds of St. Lucie County, -
;
,
Florida,
_
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er
a ST,4 ~ oF ~L..ORiDA ~ o~
~ DOC MEN ARY, ;~-~,.~`5 TQ - TA x ~ QECEryEp IN PMI~Apf~ pF TN~S
DEPT.OF REYENUE . .
~c = ~ nuE o~ cuss ~c' fNiMtGIBCE rfR901YA~ ~
~
w = S[Y t3'1~ . w~ s r O O! P1IRSU14NT TO Gi'aP?E4 71-134. A^~S OF 2971. ~ ;
• ~ ~
= ~no2 i7• 1106fR r01TMS /~~lC ~
~ aF~ 6ltiqllT I)OflRT. S~. I~ICIE 00, F1A ~
~
~
togNher with all and singular the tensme~ts, hereditaments and appurtances tF~ereunfo be{onping or in ~nywise ~ppertaining fhereto, and all renb, istues,
p.*oceeds ~nd profiri scuuing and to sccrue from ssid premises, all of which are included in the sbove and foreyoinp dexription ~nd habendum.
TO HAVE AND i0 HOID the sbove described and granted premises ~nto the said MORTGAGEE, its svcceasora and uspns fonve?. Md th~ s+iid
their
MORTGAGOR for hein, executon, administratws and suigns, hereby tovensnb with the said MORTGAGEE, iri svaessots and assipm,
rhat theY a!e lawfull seized of the said
y premises in ~fee iunple; tFut ti+t same aro frae, ckar ~nd discharged from ell lier+s and ~ncurr~
brances in law w in equity, ~nd thst thev Wy( t}I@lr ~,e;,s sha~~ ,,,,~rranr uwi defend rhe ritk to ila sa~rw to tM said
MORTGAGEE, it~ suctessws snd auigns, fwever agairut the lawful cls'Kns and dcmands of all persora;
PROVIDE~. ALWAYS th~t if the MORTCaAGOR shsll pay
u~to
the~T~NORT~sAZ`i~tTie
pionn`~'iiaii'f~e?e ' -and•sh~{{-Nu{y~.~raap~{y~
and fully _perform, diich+rge, execwe, compkte, comply wi~h and abide by esch and every the stipulations, sgreements, coodiriont and covsnanta ot uid
promiswry note and of this Mwtgage, then thls Mortg+ge and the Estate hereby aeated shall cease and be null ~nd void.
IT 15 UNDERSTOOD tMt the word "Mwtgagor' whether i~ the singular w plur~l anywher~ in this JMortyaye, shall be sinp~lar if one only ~nd
:hall be plur~l joimly and seve~alty if mwe tF~an o~e, and thst the word "their" ~s used ~nywhen in this lYtwtya~e sh+ll t~e t~ken to me+n •'his,•, •'hen;, f
or "in," wherever the context w implies or admits. Abo, thst wherever there is a refaence in the covensnb and p~eemsnri herein ca~tsined to any of ~
the p~rtid hereto, the same ahall be construed to me~n ss well ss the heirs, kyal rtptesentatives, wtceuors snd auiyns (either volumary by ~ct of the
parties a involuMary by operation of tix I~w) of the same and that tke covenants herei~ contained ihall bind and the b~~efib snd sdvant~pq Irwn ~
ro the respective Me'us, kgal representatives, successon and au~gns of the parY~es hereto. ~
Md ~aid AAongsgors, for themselves and their hein, legal representatives. successon and assgns, hereby jointly and severally covensnt ~nd apr~e ;
~o ~nd with the said MORTGAGEE, its successon and usigns:
1. To pay ~II and tir~yvlar the principal and interest snd the varian and :undry swra of rr~o~ey payable by vi»ve of said promissory note, and this '
mat e, esch ~nd e ~
8sp very, promptly on the days respenively the same severally becane due.
2. To pay all ~nd sinyvlu ths taxes, usesunents, levies, liabilit~es, obliy~taro snd ena?mbr~ncet of every nature and kind now on sa;d detuibed E
property, or that here~fter may be imposed, wifered, placed, tevied, or suessed tl+ereon, a that hereafter may b~ levied or asu~~ed upen tF~s MortQ. g
age, a the k~debtedneu secured hereby, esch ~nd tvery, when d~e and psyable, xcordinp to law, before thay becane delinq~ent, ~nd before any intaest
attaches a any penalty is incwred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII BE PROMPTLY SATISFIEO AND ~fSCHARGEO OF
RECORO AN~ THE ORtG~NAt OFFIC?AL DOCUMENT (SUCH AS, FOR INS7ANCE, THE TAX RECEIPT OR 1HE SATISfACTtON PAPER OFFICIALIY ENDORSEO
OR GERTIFIED) SHAII BE PIACED IN THE HANDS OF SAID MORTGAGfE WITHIN TEN OAYS NEXT AfiER PAYMfM; and in the evcnt tMt ~ny thereof a not
paid, sat'sfied and discharqed sa;d AhORTGAGEE msy at any time psy the aame p sny part thereof without w~ivi~g or affectiny any option, lien, eqvity or
.iqM unde? o~ by virtue of this morfgaye ~nd the full smount of esch snd every s~ch payment ihall be immedi~tely d~re snd p~yabk ~nd shall bssr i~terat ~
<<om tFr_ date thereof until paid at rate of nine per centum per annum u+d toyether w~th svch interest tMll the lie~~f~~r~xqqpe. ~
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